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(ORIENTPPR) Orient Paper complete technical analysis [charts+indicators] | Buy/Sell Orient Paper | (ORIENTPPR) share price targets

Complete technical analysis of Orient Paper (ORIENTPPR) by charts plus indicators, forecast predictions and share price targets for Orient Paper (ORIENTPPR)

Orient Paper trades in NSE in Cement & Cement Products sector.

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Orient Paper is 1344770

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	42.85	42.15	43.00	42.00	0.538 times
20 Wed Mar 2024	41.75	42.00	42.20	41.00	0.956 times
19 Tue Mar 2024	41.75	43.00	43.20	41.55	0.654 times
18 Mon Mar 2024	42.90	43.70	44.50	42.60	0.616 times
15 Fri Mar 2024	43.75	42.90	44.40	42.10	0.914 times
14 Thu Mar 2024	42.90	41.00	43.35	40.70	1.229 times
13 Wed Mar 2024	41.20	44.40	44.60	40.30	1.798 times
12 Tue Mar 2024	44.20	46.20	46.20	43.50	1.218 times
11 Mon Mar 2024	46.10	47.00	47.35	45.60	0.951 times
07 Thu Mar 2024	47.15	48.00	48.25	46.90	0.621 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43, but if it comes above 43, then a intra day buy could be more profitable.
If you take a sell trade below 43, then use 43 as stoploss and 38.4 as target. However if you take a buy trade in stock , then use 43 as stoploss and 46.85 as target.

Share price targets for Orient Paper (ORIENTPPR)

Target Type	Value
Downside Target	40.20
Downside Target	42.50
Upside Target	44.50
Upside Target	45.50
Upside Target	46.70
Upside Target	48.55
Upside Target	50.75
Upside Target	50.95
Upside Target	54.00
Upside Target	58.00
Upside Target	59.70

Intraday share price targets for Orient Paper (ORIENTPPR)

Target Type	Value
Downside Intraday Target	41.07
Downside Intraday Target	39.28
Upside Intraday Target	44.57
Upside Intraday Target	46.28
Downside Intraday Target	42.78

Weekly technical analysis of Orient Paper (ORIENTPPR)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	42.85	43.70	44.50	41.00	0.452 times
15 Fri Mar 2024	43.75	47.00	47.35	40.30	2.098 times
07 Thu Mar 2024	47.15	50.65	50.75	46.70	0.422 times
02 Sat Mar 2024	50.45	53.45	54.00	48.10	0.709 times
23 Fri Feb 2024	53.10	51.20	54.00	48.55	1.156 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Orient Paper (ORIENTPPR)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	42.85	49.55	50.95	40.30	0.278 times
29 Thu Feb 2024	49.15	57.45	58.00	47.75	0.492 times
31 Wed Jan 2024	57.40	43.00	59.70	42.50	2.691 times
29 Fri Dec 2023	43.25	40.70	45.50	40.25	1.56 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Orient Paper (ORIENTPPR)

Price action analysis of Orient Paper ( (ORIENTPPR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Orient Paper ( (ORIENTPPR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Orient Paper ( (ORIENTPPR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Orient Paper ( (ORIENTPPR) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Orient Paper stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Orient Paper in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Orient Paper Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Orient Paper in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Orient Paper is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.23 and Orient Paper (ORIENTPPR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Orient Paper (ORIENTPPR) stock. Volume based technical analysis of Orient Paper (ORIENTPPR) stock is negative.

Orient Paper Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.